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Affordable Housing In Gig Harbor
Pierce County, Washington

4 Low Income Apartment Communities In Gig Harbor

Norwegian Wood Apartments

3405 Erickson St
Gig Harbor, Washington
Call For Rent
1-2 BR
Subsidized

Colvos Terrace

2601 Hollycroft St
Gig Harbor, Washington
Income Based
1 BR
Subsidized
62+

6712 41st Street Ct NW

6712 41st Street Ct NW
Gig Harbor, Washington

Wauna Homes

13313 97th Ave NW
Gig Harbor, Washington
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Housing Authorities that serve Gig Harbor

Housing Authority Programs
Pierce County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Gig Harbor, Washington

There are 4 low income housing apartment communities offering 118 affordable apartments for rent in Gig Harbor, Washington.

Income Based Apartments in Gig Harbor, Washington

Gig Harbor features 116 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Gig Harbor, Washington

There are 2 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gig Harbor.

Housing Choice Vouchers in Gig Harbor, Washington

On average, Section 8 Housing Choice vouchers pay Gig Harbor landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Gig Harbor.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gig Harbor, Washington for a two-bedroom apartment is between $1,315 and $1,607.

2021 Gig Harbor, Washington Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $1,011 $1,126 $1,461 $2,091 $2,530
Payment Standard Range $910 to $1,112 $1,013 to $1,239 $1,315 to $1,607 $1,882 to $2,300 $2,277 to $2,783

Sourced from federal housing data and AffordableHousingOnline.com research.

Gig Harbor, WA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 118
Total Housing Units with Rental Assistance 116
Percentage of Housing Units Occupied By Renters 44%
Average Renter Household Size 2.10
Average Household Size 2.23
Median Household Income $65,365 ±$10,052
Median Rent $1,227 ±$94
Percentage Of Renters Overburdened 43.81% ± 10.27pp
Total Population 7,918

Population and Household Demographics

Gig Harbor is a city in Pierce County, Washington with a population of 7,918. There are 3,486 households in the city with an average household size of 2.23 persons. 44% of households in Gig Harbor are renters.

Income and Rent Overburden in Gig Harbor

The median gross income for households in Gig Harbor is $65,365 a year, or $5,447 a month. The median rent for the city is $1,227 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gig Harbor, a household making less than $4,090 a month would be considered overburdened when renting an apartment at or above the median rent. 43.81% of households who rent are overburdened in Gig Harbor.

Area Median Income In Gig Harbor

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Gig Harbor, the AMI is calculated from all households within Pierce County.

In Gig Harbor, HUD calculates the Area Median Income for a family of four as $87,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Gig Harbor

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Gig Harbor

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,200 $20,800 $23,400 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $30,300 $34,600 $38,950 $43,250 $46,750 $50,200 $53,650 $57,100
80% of Median $48,450 $55,400 $62,300 $69,200 $74,750 $80,300 $85,850 $91,350